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In today's SEC filing, it is interesting to note that World Wrestling Entertainment described Vince McMahon's exit as a resignation, not a retirement:
On July 22, 2022, Vincent K. McMahon informed the Company and its Board of Directors (the “Board”) of his resignation from his positions as Chief Executive Officer, Chairman and director of the Company, effective immediately.
It may be that from a corporate perspective, retiring and resigning mean the exact same thing, but it is interesting to see that description used in the filing vs. the retirement that has been pronounced everywhere publicly.
For those who have asked about whether McMahon would remain on the company's Board of Directors, as I discussed on this morning's Elite audio update, he is gone from the Board as well.
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